Entreprendre (France) Market Value
| ALENR Stock | EUR 4.44 0.00 0.00% |
| Symbol | Entreprendre |
Entreprendre 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Entreprendre's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Entreprendre.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Entreprendre on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Entreprendre or generate 0.0% return on investment in Entreprendre over 30 days. Entreprendre is related to or competes with Entreparticuli, Enertime SAS, Oeneo SA, and Stradim Espace. Entreprendre S.A. operates as a magazine press in France, Belgium, Switzerland, Italy, Spain, the Maghreb, and Africa More
Entreprendre Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Entreprendre's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Entreprendre upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1714 | |||
| Maximum Drawdown | 20.97 | |||
| Potential Upside | 2.99 |
Entreprendre Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Entreprendre's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Entreprendre's standard deviation. In reality, there are many statistical measures that can use Entreprendre historical prices to predict the future Entreprendre's volatility.| Risk Adjusted Performance | 0.1724 | |||
| Jensen Alpha | 0.6246 | |||
| Total Risk Alpha | 0.1613 | |||
| Treynor Ratio | (178.33) |
Entreprendre Backtested Returns
Entreprendre appears to be moderately volatile, given 3 months investment horizon. Entreprendre secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22% return per unit of risk over the last 3 months. By reviewing Entreprendre's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please utilize Entreprendre's Mean Deviation of 1.18, variance of 8.64, and Standard Deviation of 2.94 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Entreprendre holds a performance score of 17. The firm shows a Beta (market volatility) of -0.0035, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Entreprendre are expected to decrease at a much lower rate. During the bear market, Entreprendre is likely to outperform the market. Please check Entreprendre's jensen alpha and rate of daily change , to make a quick decision on whether Entreprendre's price patterns will revert.
Auto-correlation | 1.00 |
Perfect predictability
Entreprendre has perfect predictability. Overlapping area represents the amount of predictability between Entreprendre time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Entreprendre price movement. The serial correlation of 1.0 indicates that 100.0% of current Entreprendre price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Entreprendre lagged returns against current returns
Autocorrelation, which is Entreprendre stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Entreprendre's stock expected returns. We can calculate the autocorrelation of Entreprendre returns to help us make a trade decision. For example, suppose you find that Entreprendre has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Entreprendre regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Entreprendre stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Entreprendre stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Entreprendre stock over time.
Current vs Lagged Prices |
| Timeline |
Entreprendre Lagged Returns
When evaluating Entreprendre's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Entreprendre stock have on its future price. Entreprendre autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Entreprendre autocorrelation shows the relationship between Entreprendre stock current value and its past values and can show if there is a momentum factor associated with investing in Entreprendre.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Entreprendre Stock Analysis
When running Entreprendre's price analysis, check to measure Entreprendre's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Entreprendre is operating at the current time. Most of Entreprendre's value examination focuses on studying past and present price action to predict the probability of Entreprendre's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entreprendre's price. Additionally, you may evaluate how the addition of Entreprendre to your portfolios can decrease your overall portfolio volatility.